Short Interest in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Declines By 47.5%

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) was the recipient of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 12,339 shares, a decline of 47.5% from the January 15th total of 23,524 shares. Based on an average daily trading volume, of 63,145 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 63,145 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On BlackRock MuniYield Quality Fund II

Institutional investors have recently made changes to their positions in the stock. NewEdge Advisors LLC increased its holdings in shares of BlackRock MuniYield Quality Fund II by 8.6% during the first quarter. NewEdge Advisors LLC now owns 25,236 shares of the investment management company’s stock valued at $252,000 after acquiring an additional 2,000 shares in the last quarter. Stratos Wealth Partners LTD. bought a new stake in BlackRock MuniYield Quality Fund II during the 2nd quarter valued at $110,000. Whipplewood Advisors LLC increased its stake in BlackRock MuniYield Quality Fund II by 209.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 33,867 shares of the investment management company’s stock valued at $326,000 after purchasing an additional 22,907 shares in the last quarter. Wolverine Asset Management LLC raised its holdings in BlackRock MuniYield Quality Fund II by 118.7% during the second quarter. Wolverine Asset Management LLC now owns 105,924 shares of the investment management company’s stock worth $1,021,000 after buying an additional 57,497 shares during the last quarter. Finally, Freestone Capital Holdings LLC lifted its stake in shares of BlackRock MuniYield Quality Fund II by 69.9% in the second quarter. Freestone Capital Holdings LLC now owns 48,600 shares of the investment management company’s stock valued at $469,000 after buying an additional 20,000 shares in the last quarter. Institutional investors and hedge funds own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Stock Performance

Shares of MQT stock traded up $0.01 during trading hours on Friday, hitting $10.24. 62,123 shares of the company were exchanged, compared to its average volume of 54,167. The company has a 50 day simple moving average of $10.09 and a two-hundred day simple moving average of $9.97. BlackRock MuniYield Quality Fund II has a fifty-two week low of $9.05 and a fifty-two week high of $10.40.

BlackRock MuniYield Quality Fund II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 6th will be issued a $0.051 dividend. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date is Friday, February 6th.

About BlackRock MuniYield Quality Fund II

BlackRock MuniYield Quality Fund II (NYSE: MQT) is a closed-end management investment company that seeks to provide shareholders with high current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal obligations, including bonds, notes and other debt instruments issued by state and local governments across the United States. Its investment approach emphasizes high-credit-quality, tax-exempt securities aimed at preserving capital while delivering tax-advantaged income.

Managed by BlackRock Fund Advisors, a subsidiary of BlackRock, Inc, MQT leverages the firm’s experienced municipal bond team to conduct credit research, portfolio construction and risk management.